The Harbor Drive property was the home of Luxottica U.S., an eyewear manufacturer based in Italy, which is downsizing its space here and relocating to 30,065 square feet in another building down the street. Luxottica asked the Nassau IDA for the 15-year tax break to help offset costs of the move and to help the company retain its 167 jobs.

WAC Lighting is planning to create a research and development facility at the Port Washington site, according to the company’s general manager Jim McMahan.

IDA records show WAC Lighting has promised to add 47 jobs within three years, an additional 44 jobs within 10 years and another 137 jobs by year 13 of the tax abatement program. The company will also relocate its 65 current employees from its existing headquarters at 615 and 625 South St. in Garden City – a total of about 111,000 square feet – to the former Luxottica building.

The company hopes to move to its new digs by spring.

WAC Lighting, a privately owned company that distributes internationally, also maintains a West Coast distribution center and offices in City of Industry, Calif., and a distributor showroom in Dallas. Nearly 90 percent of WAC Lighting products and components are made at the company’s manufacturing campus in China, according to the WAC Lighting website.